SHAMS
Approximate Processing Time
- License: 2-3 business days
- Establishment card: 3-5 business days
- Visa application process: 7 business days
- E-channel: 24 hours
About SHAMS:
SHAMS, inaugurated in early 2017, stands as a burgeoning free zone designed specifically for media startups. Situated in Sharjah, the third largest emirate and neighboring Dubai, it offers an advantageous proximity for businesses seeking cost-effective setups. SHAMS accommodates enterprises of all scales, from fledgling startups to established corporations.
Benefits of an SHAMS license include
- A diverse array of business activities covered under a single license
- Prompt issuance of company documents, typically within days
- Complete foreign ownership
- No physical presence required for incorporation
- Limited liability for companies
- Option to appoint corporate directors and managers
- Full repatriation of capital and profits
- Zero corporate or personal income taxes
- Provision for up to 6 visas with a shared desk facility
- Conveniently located 15 minutes from Sharjah and 30 minutes from Dubai International airports.
Types of business license:
It facilitates the creation, duplication, alteration, and dispersal of services. A service license entails prioritizing the provision of services and utilizing goods to support this objective.
Trading goods within SHAMS or engaging in import and export activities, encompassing the transportation of goods, wholesale and retail transactions, and provision of associated services.
It facilitates the production, reproduction, transformation, and manufacturing of goods.
Common business endeavors at SHAMS encompass:
- Production
- Information technology and communication services
- Automotive repairs
- Arts, entertainment, and recreational services
- Wholesale and retail trading
- Accommodation and food services
- Financial and insurance services
- Transportation and storage
- Administrative and support services
- Educational services